Tag "Reuters"

Asahi on the hunt for overseas acquisitions

Asahi is looking for merger and acquisition opportunities in the US and overseas to quadruple overseas sales of its flagship Super Dry beer by 2030. The beverage giant took a...

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French Retailers Auchan, Intermarché In Buying Alliance Talks

Auchan and Intermarché said they have entered talks to form a joint purchasing alliance, a week after submitting a joint bid to buy the French hypermarket and supermarket stores that...

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Spanish Supermarkets Lock Up Olive Oil As Shoplifting Surges

In Spain, the world’s biggest olive oil producer, supermarkets are locking up bottles of the staple cooking oil as prices surge and theft increases. One-litre bottles of extra-virgin olive oil...

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Unilever Revives Attempt To Sell Some Non-Core Brands

Consumer goods giant Unilever is reviving efforts to sell some of its non-core beauty and personal care brands, including Q-Tips and Impulse. Unilever has hired investment banks Morgan Stanley and...

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Rising Caffeine Levels Spark Calls For Ban On Energy Drink Sales To Children

Pediatricians and parents are calling for the US to treat new high-caffeine energy drinks like alcohol and cigarettes and ban their sale to minors as a single serving can contain as much caffeine...

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How much do athletes eat? – The picture of the day

Reuters photojournalist Umit Bektas has been taking photos for articles and reports on political and economic topics for 20 years. Then he suddenly took some time off and made a...

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Mixed year for French wine

French wine production in 2023 is expected to be near the average of the last five years, with a favourable outlook in Champagne and Burgundy contrasting that in disease-hit Bordeaux,...

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Coca-Cola bottler CCEP intends to acquire Coke’s Philippines business for $1.8 billion

Coca-Cola Europacific Partners said last week it intends to jointly acquire Coca-Cola Beverages Philippines with Aboitiz Equity Ventures (AEV) for $1.8 billion, in an effort to become the world’s largest...

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Nestlé Says Price Rises Will Moderate In Rest Of 2023

Nestlé will raise prices at a more moderate rate in the remainder of 2023, its CEO said, as the company hit back at criticism that food manufacturers are charging more...

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Bosnia sets sights on Europe for halal food exports

Bosnia hopes that its geographic position will help it increase exports of its halal certified food products to European markets, where the number of Muslims has grown. The Balkan country,...

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Heineken eyes light beer opportunity in the US

According to reports, Heineken had seen an opportunity in the US market’s light beer category prior to the recent backlash against its Bud Light promotion and is set to move...

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German Exports Beyond The EU Decreased In July

German exports beyond the European Union fell by 7.6% on the month in July, the Federal Statistics Office said on Monday, marking a weak start to the second half in...

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Amazon opens pop-up store on China’s latest e-commerce platform

In December Amazon opened a pop-up store on Pinduoduo, the latest Chinese e-commerce platform. Then pop-up store was open until the end of December and offered about 1,000 different products...

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